Insurance - Maryland Automobile Insurance Fund - Assessments
Sponsor: David Fraser-Hidalgo (District 15)Committee: Economic MattersSubject: Insurance - Other than HealthStatus: Hearing 3/11 at 1:00 p.m. (as of Nov 13, 2024)
What this bill does
Official synopsis
Requiring, before the Board of Directors of the Industry Automobile Insurance Association authorizes the Maryland Automobile Insurance Fund to withdraw certain amounts, that the Maryland Insurance Commissioner approve a certain certification of a certain assessment to be made on certain private passenger auto and commercial insurance carriers due to a certain loss of the Fund; and requiring the Commissioner to make a certain decision regarding certain assessment allocation percentages within 30 days.
AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (4)
MGA witness listFAV 2FavorableFWA 2Favorable with amendments
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Delegate Fraser-Hidalgo, Delegate Fraser-Hidalgolegislator | Individual | Oral |
| FAV | Fraser-Hidalgo, David | Individual | Written (PDF) |
| FWA | Birrane, Kathleen | Maryland Insurance Administration | Oral + Written (PDF) |
| FWA | Weintraub, Jasonlobbyist | Individual | Oral |
Organizations on record
Registered lobbyists who testified
FWAWeintraub, JasonRegistered for: AFSCME Council 3; Albertsons Companies, Inc.; American Property Casualty Insurance Association; COPT Defense Properties; CVS Health; CareFirst BlueCross BlueShield…